Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-02-19
THE NEW SOUTH.
A RecapituIatiOn OF New Enterprises
Set AfOOt ia the South During,
the Past Week.
Remarkable Activity IN All Lines of Indus
try-Immense Investments to De-
veIop Iron and Coal. .

BALTIMORE, MD, Feb. lS.-The Manu-
facturers' Record for this week will pub
lish an additional statement of the growth
of manufacturing interest in the south,
nearly all of which are enterprises which
originated during the past week:
The Etowah Iron and Manganese Com
pany of Atlanta, Ga, organized last week
for the development of 1900 acres of
iron and manganese lands near Carriers
Vile, Ga. 1t has decided to build 8
81 900, 900 steel rail mill either at Atlanta
or Gainesville, which with one exception
Will be the only steel rail mill in the
south. This company will also build
four iron furnaces st Montgomery, Ala.
The company has purchased los, 600 acres
OF mineral and agricultural land in Ala
bama, and VIII deveIope manufactures OF
various kinds.
A So, 900, 900 coal, coke and iron COM
panv has been organized in Alabama by
capitalists of that state and Connecticut
Contracts have been closed for number
of furnaces previously projected, three
at Sheffield for S5G4 900, which is said to
be the largest single contract ever made
in the United States for building fur
naCes, one near Birmingham End two at
Nashville.
Among other large companies reported
for the week there were $780, 600 barge
company and a 100000 land improve
ment company at Fort Smith, Ark.
A Sl,00O,O00 company organized at
Memphis to develop mineral lands in
Arkansas, a $4,000 land and improve
ment company at Birmingham, $780,
900 company of the same kind st Carriers
vile, Ga; one of S250,000 at Meridian,
Miss; one al Duckhall, Miss, and one
at Gainesville, Tenn; q $4,000 mining
company at Atlsnta, Ga; a 100000
cooperative company at Lexington,
Ky; 100000 quarry company at New Or
leans; $500, 900 car works and 81, 200, 900
gasworks at Baltimore and probably a
81 800, 900 sugar refinery at the same
place; two mining companies, one OF
$500 900 and the other of 100000 capital
stock, -in North Carolina; S75, 1000 cot
ton mill company in Charlotte, n. c., and
one in Columbus, Miss; 8 100000 mar
BILE Qusrry in Tennessee; a $4,000 agri-
cultural implement company at Admission,
Ala; steel blOomery and gasworks at
the same place, and q $4,000 soap COM
pany at Wheeling, Va.
Inc NOGIOlk anu NGSlSTu halfway has
contracted for an extension of its Cripple
creek branch to the ore land lately pur-
chased by Philadelphia capitalists, who
have contracted for l00-ton furnace at
Pulaski, Va. The same road has awarded
contracts for extending the road through
Mercer county, w. Va, which includes
cutting 300O-foet tunnel through the
mouGtsin on ten-foot vein of coal. This
extension will carry this road to the co.
O0O-acre tract of coal land owned by
Pennsylvania capitalists, who will open
coal mines and build 500 coke ovens.
In Texas, where but little coal-mining
mas been done, number of mines are be-
ing opened and new companies organized.
A large number of companies have been
chartered and there is CREST activity in
railroad construction. In all other lines
of industry there is remarkable activity,
and in all parts of the south many new
enterprises, including flour mills, saw
mills, furniture factories, brickworks,
machine shops, etc, were reported dur
ing the week.